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Before investing in Starlink’s IPO, we need to know how much revenue the company is making. Two months ago, Bloomberg took aim at SpaceX, arguing that the company’s claims that its satellite internet subsidiary, Starlink, was already profitable, despite boasts from CEO Elon Musk, were “dubious.” Citing a “person familiar with” SpaceX’s finances, Bloomberg claimed that SpaceX was losing “hundreds” of dollars on each Starlink ground terminal it sold. Bloomberg may be right about that part of Starlink’s business, but that’s not the point. Razors, blades…and profits Every ground terminal that Starlink sells is like a razor: a piece of…
“This year we are preparing an 800kg deep sea application. [1,765 pounds] class [submersibles]”Professor Cao Yong of Northwestern Polytechnical University told CCTV.He added: “In the future, we plan to develop a tonne-class prototype capable of carrying a more powerful payload and cruising for greater distances, including future integrated reconnaissance and strike capabilities. [roles]. “Cao’s team began developing a submersible for monitoring coral reefs in 2006, studying the swimming patterns of marine organisms for prototypes, according to the report.They successfully monitored marine life in the South China Sea earlier this year, monitoring outbreaks of species such as crown-of-thorns starfish, which feed…
In this episode of the Best of Asking for a Trend, Yahoo Finance’s Josh Lipton sat down with executives and experts in sectors such as AI, tech, retail, the auto industry, and cybersecurity, with guests including Palantir CEO Alex Karp (PLTR), Canaccord Genuity Managing Director George Gianarikas, EY Strategy and Transactions, Americas Vice Chair Mitch Berlin, CarGurus Director of Industry Insights and Analytics Kevin Roberts, Alex Mill Chairman and former Gap CEO Mickey Drexler (GPS), and Zscaler Chairman and CEO Jay Chaudhry (ZS).For more expert insight and the latest market action, click here.This post was written by Mariela Rosales.Video TranscriptWelcome…
Pavan Davulli, Microsoft’s corporate vice president of Windows and Devices, speaks about the recall … [+] Microsoft’s May 20 briefing event at Microsoft in Redmond, Washington, May 20, 2024. Microsoft on Monday unveiled a new category of PCs with generative artificial intelligence tools built directly into Windows, the company’s world-class operating system. The tech giant estimates that more than 50 million “AI PCs” will be sold in the next 12 months, given the demand for devices equipped with ChatGPT-style technology. (Photo by Jason Redmond/AFP) (Photo by Jason Redmond/AFP via Getty Images)AFP via Getty Images 1 – A Windows AI feature…
Down icon An icon in the shape of a downward angle. Hyundai Palisade Calligraphy Benjamin Chan/Business Insider The Hyundai Palisade is a midsize three-row family SUV with all-wheel drive.I recently reviewed a fully loaded Palisade SUV in Calligraphy spec.I was amazed by the Palisade’s upscale cabin, smooth engine and advanced technology. The Hyundai Palisade is one of the most popular and highly rated three-row family SUVs available today.The Palisade was launched in 2019 alongside its sister car, the Kia Telluride, and was updated for 2023 with the latest technology and styling to stay competitive.I recently reviewed the $52,000 2024 Hyundai…
overviewIn sectors where government policies have a big impact, there is always a risk that policy changes will affect the companies. Hence, valuations of stocks in such sectors will not cross a certain threshold. Perhaps, the sugar sector tops the list of such sectors because both the central and state governments have a say in policy decisions. Though the general elections are over, there are many states involved in the sugar sector and state elections will be held over the next few quarters. Hence, an adverse story may be built for sugar stocks. What is needed is to distinguish between…
In a blow to the Bharatiya Janata Party (BJD), bureaucrat-turned-politician VK Pandian and a close aide of Odisha Chief Minister Naveen Patnaik have decided to quit politics following the party’s defeat in the Lok Sabha and Odisha state assembly elections. “…I have now consciously decided to step back from political activity. I am sorry if I have hurt anyone in this process. I am sorry if this campaign rhetoric against me contributed to the BJD’s defeat. I apologise to the entire Biju Parivar including all the ‘karmis’ for this,” the BJD leader said in a video message on June 9.Pandian…
The IFS said the Conservative and Labour parties “don’t want to talk about the scale of the challenge they face”. The final guest on Sunday Morning with Trevor Phillips was Paul JohnsonDirector of the Institute for Fiscal Studies (IFS). This week the IFS said there was a “conspiracy of silence” between Labour and the Conservatives over future tax and spending plans.Mr Johnson responded by saying he did not want to talk about “the magnitude of the challenge facing” either party.He said he doesn’t want to talk about raising taxes because it would “scare voters.” But he said spending cuts were…
Simultaneous Lok Sabha and state assembly elections in Andhra Pradesh have not only sparked violence but also caused rifts within several political families, with brothers at odds, sons running against their ministerial fathers and wives being persuaded at the last moment to back out of fighting their husbands. Accompanied by Ministers Botsa Satyanarayana, Bhutana Rajendranath and Adviser to the Government (Public Relations) Sajjala Ramakrishna Reddy, the six candidates completed the nomination process on the last day of the process. Earlier, YSRC president and Chief Minister YS Jagan Mohan Reddy handed over the party’s required Letter of Recognition B to the…
All eyes will be on India vs Pakistan in New York this weekend, the latest match between the legendary cricket rivals. Sky SportsHere’s everything you need to know…when?India and Pakistan will face off in Group A of the Men’s T20 World Cup on Sunday. The match will start at 3:30 p.m. UK and Ireland time. Sky Sports Cricket coverage begins at 3pm. Where?The match Nassau International Cricket Stadium, Long Island, New YorkIndia and Pakistan will play all their group matches at venues in the United States of America. For a more accessible video player, use Chrome browser Highlights from the…